South East Angels doubles down on Tradeaze following exceptional growth

We are delighted to announce our recent follow-on investment in Tradeaze, the marketplace platform transforming construction logistics, as part of their £1.1m funding round.

Since our initial investment earlier this year, Tradeaze has delivered remarkable progress that validates our conviction in the team and their mission to solve construction's last-mile delivery challenge. The company has doubled their revenue, doubled their gross margin, and almost doubled their supply of drivers - demonstrating both strong market demand and operational excellence in execution.

Tradeaze continues to expand their marketplace connecting building merchants, freelance drivers, and building sites, maintaining their impressive 30-minute response time whilst scaling operations. Their growing fleet of construction couriers and deepening partnerships with the UK's largest merchants position them perfectly for the next phase of growth.

Why we're doubling down

The exceptional progress Tradeaze has achieved since our first investment reinforces everything we believed about this opportunity. Jack Hopkins and his team have not only proven their ability to execute at pace, but have done so whilst improving unit economics and building sustainable competitive advantages.

Construction remains a vast market crying out for modern solutions, and Tradeaze's proven ability to deliver results gives us confidence they'll continue capturing this opportunity as they scale nationally.

"Following our initial investment from SEA, we've been able to prove the scalability of our model whilst building meaningful partnerships across the industry. This follow-up investment, alongside our other investors in the round such as Clearance Capital, will accelerate our national expansion and allow us to serve even more merchants and tradespeople across the UK. The SEA team continues to provide invaluable support beyond capital." - Jack Hopkins, CEO & Co-Founder